34233, Sarasota, FL

The 34233 zip code of Sarasota, FL is located in the southern part of the state and has a population of about 73,000. The median home value in this zip code is $227,500 and the median home equity is $128,700. The average home price appreciation rate over the past five years has been 5%.

There are a number of factors that have contributed to the high home values in this zip code. First, Sarasota is a desirable location with plenty of amenities and cultural attractions. Second, there is a strong demand for housing in this area due to its proximity to both downtown Sarasota and Tampa Bay. Third, the local economy has been strong over the past few years, which has helped to increase household incomes and drive up demand for homes. Fourth, there are relatively few homes available for sale in this zip code compared to other areas of Florida, which has helped to keep prices high. Finally, many homeowners in this area have taken advantage of low interest rates over the past few years by refinancing their homes multiple times.